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Burden Of Unemployment Increases As Congress Fails To Execute Second Stimulus Package
Since the official end date of the first stimulus package on the 31st of July, more than two months have passed. Yet, Congress is...
Downgraded US Presidential Election May Cost the Nation its AAA Rating, Says Fitch
Fitch Reports issued a report on Monday that the presidential election of the US will be closely monitored by the credit ratings firm for...
Trump Tells Lawmakers To Prioritise Passing The Second Stimulus Package Over Amy Coney Barrett
On Tuesday, Senator Mitch McConnell told media sources that he is willing to bring a $500 billion stimulus package to the floor before instituting...
Disney’s New Business Plan: Focus To Shift On ‘Streaming’
In a major business reorganizational move, Disney announced on Monday that its media and entertainment section will now start focusing on ‘streaming,’ and chalk...
Wireless Industry Asks President Trump Not To Nationalize 5G Network
On Tuesday, the wireless industry requested President Trump not to endorse any claims to nationalize the infrastructure for a 5G network. This came right...
Precedents Will Not Come To The Rescue Of The Affordable Care Act This Time,...
On Tuesday, Jude Amy Coney Barrett said that the challenge facing the ACA (Affordable Care Act) will be considered in the Supreme Court on...
IMF Lowers Next Year’s Global Economy Forecasts And Warns Recovery To Be “Long, Uneven...
The coronavirus pandemic has hit hard on the global economy. The severe contraction in the global economy faced in 2020 can only be reversed...
COVID Recession Could Be Dodged if ‘The 25-cent solution’ Was Applied, Says Leading Forecaster
According to Brian Bethune, an economics teacher at Boston College and Tufts University, and the winner of the September’s Forecaster of the Month competition;...
A surge in Used Car Prices Drive US Inflation Higher
US inflation soared high in September as the prices of used goods and cars sky-rocketed, the most one has seen in 51 years. Consumer...
Stanford Economists Get Nobel Prize for their Auction Theory
Two economists from Stanford won the Nobel Prize in Economics on Monday for their improvement on the theory of auctions- while inventing and upgrading...
Exxon Loses Out to Chevron as the Largest US Oil Company
Chevron saw a leap in its market value as it soon went above Exxon Mobil as the biggest oil company in the USA. It...
Should you buy Apple shares ahead of tomorrow’s “Hi Speed” event?
This year’s iPhone event, called “Hi Speed”, to be one of the most important days in the last decade
Morgan Stanley’s analysts forecast Apple to...